Transcript

00:00:01

>> Tesla, the high flying electric car company, may have hit another safety speed bump. A spokesperson for the national highway traffic safety administration, announcing Thursday, that it is looking into claims of suspension problems with the Tesla Model S. But getting information from drivers maybe difficult, says Reuters transportation editor, Joe White.

00:00:21

>> The National Highway Traffic Safety Administration said it was troubled by reports that Tesla had asked customers to sign an agreement that appeared, according to the agency, to suggest that the customers wouldn't disclose to federal regulators that they had had a problem with their Tesla suspensions and Model S suspensions.

00:00:41

Tesla said in a reply that it was not the company's intention to discourage customers from reporting a safety defect.>> Tesla has had problems with the Model S before. In 2013, a video of one of its cars bursting into flames after hitting a metal object on the road went viral, sparking concerns about the safety of the electric car.

00:01:02

Nitsa as it is known Is not ordering any recall right now but that didn't stop a sell off in the stock from getting even bigger. Shares ending the day lower by almost 3%.